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Archive for December, 2013

Best Resale Value Award

When you buy a new car, you know you’re looking for reliability, good gas mileage, style, safety and lots of special features. One thing you might not be thinking about, though, is resale value. Just like homes, a car’s resale value depends on a lot of things: how well it ages, how well it is cared for and demand. Each year, the Kelley Blue Book announces the top ten vehicles most likely to hold their value should their owners decide to sell within five years.

Kelley Blue Book’s Best Resale Value Award winners are chosen based on projections by a panel of experts, informed by the Kelley Blue Book Official Residual Value Guide. The Top Ten Vehicles across all classes – from economy cars to rugged SUVs and trucks – represent the vehicles expects to retain the highest percentage of their original list price five years after purchase. These vehicles represent a great value for the buyer, as a higher resale value keeps more money in your pocket when it’s time to trade up in a few years.

Chapman Dodge is proud to be selling not just one of the top ten vehicles with the best residual value, but two – the 2014 Jeep Wrangler and 2014 Dodge Challenger.

For the fourth year in a row, Jeep Wrangler – known for its best-in-class off-road abilities – made the top ten list. According to Eric Ibara, director of residual consulting for Kelley Blue Book, the 2014 Jeep Wrangler actually increased its residual value 3.9 percentage points from last year. The 2014 Wrangler’s new features such as a new Trail Rated Kit and available touch-screen radio only helped cement this perennial favorite’s slot in the list.

The 2014 Dodge Challenger made the list for its unique combination of classic muscle-car aesthetics and  state of the art technology. Kelley Blue Book notes that the same features that have led to a record setting year of sales of the Dodge Challenger as a new car should make for lasting appeal on the resale market.